Oil price rises on Monday, while on Friday Azeri Light fell in price

20.05.2019,10:23


May 20, Fineko/abc.az. Azerbaijani oil Azeri Light has dropped in price by $0.73 (0.95%) to $75.97 a barrel.

Following the 17 May trading at the New York Merchant Exchange (NYMEX), the WTI oil futures for June declined in price by $0.11 (0.17%) to $62.76 a barrel.

Cost of WTI oil futures for June increased in price by $0.80 (1.27%) up to $63.56 a barrel by 09:15 am.

Following Friday’s trading at the London ICE (InterContinental Exchange Futures) the ICE Futures contracts of July’s futures of Brent oil declined in price by $0.41 (0.56%) to $72.21 a barrel.

July’s futures for Brent grew by $0.96 (1.33%) up to $73.17 a barrel by 09:15 am on Monday.